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July 13, 2012  Fri 1:16 AM CT

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Today's economic calendar will focus on the produce price index, which will be released at 8:30 a.m. ET.

The consensus forecast for June's PPI is -0.4 percent, up from -1 percent in May. Estimates range from -1.2 percent to 0.2 percent.

Excluding food and energy, producer prices are expected to remain unchanged at 0.2 percent. Estimates range from -0.2 percent to 0.3 percent.

The Reuters/University of Michigan's Consumer Confidence Index is next at 9:55 a.m. ET. The consensus expectation for the June report is 73.5, a slight rise from the May reading of 73.2. Estimates range from 70 to 76.5.

A speech by Atlanta Federal Reserve Bank President Dennis Lockhard is scheduled for 1:20 p.m. ET.


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